Cancellation Fee
To charge a guest a cancellation fee on a reservation.
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Open an existing reservation from the Reservation F5 browse screen.
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Press Deposits button.
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Press Insert.
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If there is not a deposit, post a payment for the amount of the cancellation fee. Use the credit card used to hold the reservation.
Note: When posting any type of charge against a deposit, you must always process the payment before processing the charge when on the deposits screen.
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Press Insert again.
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Enter Cancellation fee using account code 420 for same amount entered above. Then press Close.
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Press the Cancel Reservation button at the bottom of the reservation window. You will then be asked to select a cancellation Type. You can choose from Cancel Reservation (Assigned rooms will be released) or Bill as No-Show (Reservation will be cancelled and billed).
If the guest already has a deposit, you can just Insert account code 420 (Deposits Forfeited/No shows) for the amount of the cancellation and then process a refund against the balance.
Example of a cancellation fee with a remaining balance for a refund:
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Two months ago, a guest made a reservation and sent a check (201) for $200.00. The deposits window should show a credit of $200.00 from the deposit entered at that time.
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A week before arriving the guest cancels the reservation and is advised they will be charged a $50 cancellation fee. Press Insert and use account code 420 to post the $50 cancellation fee. This will bring the balance to -$150.00 (A credit balance of $150.00).
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Process the refund using account code 600 - Refund due by Accounting to have a check for the remaining $150.00 to sent back to the guest.
Note: If the original deposit is made with a credit card, use the appropriate credit card refund account code to post the refund to the guests credit card.